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As Promised - Team Obama Kills Another 750 Coal Jobs in VA, KY and WV

"Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers."

He promised that his plan would cause electricity rates to skyrocket.

For some odd reason, Barack Obama believed this would be good for the economy.

Now thanks to Barack Obama's radical energy policies, electricity rates are skyrocketing across the country and coal plants are shutting their doors. New regulations by the Obama Administration is forcing Arch Coal, Inc. to lay off 750 workers in Kentucky, West Virginia and Virginia.FOX News reported:

One of the world's largest coal producers said Thursday it would lay off about 750 workers in the Kentucky, Virginia and West Virginia coalfields, the latest setback for an industry struggling to sustain market share as utilities switch to cleaner and cheaper alternatives to generate electricity.

The bulk of the cuts by Arch Coal Inc., almost 600, are in Kentucky. The disappearance of high-paying mining work heightened anxiety in hardscrabble Kentucky towns where officials worried declining demand for coal would result in leaner budgets and more people on unemployment rolls.

"This is just a start, I think," said Dennis Ray Noble, the judge-executive of Perry County, which he estimated has lost about 30 percent of its mining jobs in the last year and the jobless rate is 12.4 percent.

The St. Louis-based company said its subsidiaries would close three higher-cost mining complexes and associated preparation plants: two in Kentucky and one in West Virginia. It will temporarily idle another complex in Kentucky and curtail production at other facilities in the three states. The company accounted for 16 percent of the coal production in the U.S. in 2010.

The layoffs come amid forecasts that the share of U.S. electricity coming from coal will fall below 40 percent for the year — the lowest level since the government began collecting data in 1949. Four years ago, it was 50 percent. By the end of this decade, it is likely to be near 30 percent.

On Friday, May 2, the White House was happy to announce the lowest US unemployment rate since September 2008. As reported by the Bureau of Labor Statistics, with 288,000 nonfarm jobs added to the economy, the unemployment rate dropped from 6.7% to 6.3% in April 2014.

"According to a Gallup poll, economic problems dominate in the question of the most important problem facing the nation today. This makes the priorities championed by Democrats all the more puzzling. "

Economists are now reporting what we all know already - America's economic growth has ground to a halt. Wednesday's report from the Commerce Department was bleak. The expected growth in GDP was 1.1%, but the Commerce Department is now reporting a rate of growth of only 0.1%. This has been felt for a long time by average Americans. According to a Gallup poll, economic problems dominate in the question of the most important problem facing the nation today. This makes the priorities championed by Democrats all the more puzzling. As we struggle to sustain an economic recovery that has been charitably described as "choppy", Democrats continue to push an agenda that is out of touch and fails to solve the underlying problems.

Former Virginia Attorney General Ken Cuccinelli addressed the assembly at FreePAC Kentucky 2014. Cuccinelli is helping FreedomWorks and Senator Rand Paul sue the federal government to protect the privacy of all Americans against the massive NSA domestic spying program.

Obamacare proponents would like you to believe that Medicaid expansion is "free" to the states and "free" to the people who go on the program. But like everything else, it has costs. While the federal government promises to cover most of the cost of the expansion, they've already made 17 trillion other promises.

Personal Freedom and Power 106: Funding Government
Senator Mike Lee: “The best thing we can do in Congress is to withhold funds, for Congress to exercise its power of the purse.”
Senator Mike Lee (R-UT) is a scholar of our Constitution as well as an advocate for freedom. Over the years, the Obama Administration has unilaterally issued hundreds of rules impacting all aspects of our governing laws – environment, immigration, welfare, war, ObamaCare and the list goes on. Senator Lee knows that Congress has the power of the purse and Congress should withhold funds when the President makes unilateral changes, modifies or ignores existing laws. Recently Lee said, “The best thing we can do in Congress is to withhold funds, for Congress to exercise its power of the purse.”

Washington, DC- President Obama finally released his Fiscal Year 2015 budget, reported to increase spending by 63 percent and add $8.3 trillion to the debt over the next 10 years. The increased spending will be paid for by $1.8 trillion in new taxes, on top of the $1.7 trillion in new taxes since Obama has entered the Oval Office.

President Obama continues to lose the youth’s support-and fast. Just a few months ago, Harvard released a poll showing that 57% of Millennials disapproved of ObamaCare. That same poll showed that 54% of Americans from ages 18-29 disapproved of Obama, while only 41% approved. These statistics aren’t all that surprising, as Obama has made things extremely hard for the average millennial in his first 5 years. Student loan debt, job availability, ObamaCare and the overall national debt have crippled America’s youth.